46A, WELLAND WAY, OAKHAM, LE15 6SL - £140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

46A WELLAND WAY is a very small terraced house of 66m², built sometime between 2003 and 2006, which could now be worth an estimated £229,541. It was last sold for £140,000 in August 2014, which was around 10% below the average August 2014 terraced price in the Rutland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was A.

46A WELLAND WAY Sold Prices

Land registry data shows three sales for 46A WELLAND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rutland local authority area for the corresponding sale date. Two of the three 46A WELLAND WAY sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 26 AUG	£140,000	£156,319	10% below HPI
2005 18 NOV	£123,000	£141,773	13% below HPI
2003 12 DEC	£118,950	£111,911	6% above HPI

46A WELLAND WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rutland local authority area over time, sourced from the HPI. The three 46A WELLAND WAY sales between December 2003 and August 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 46A WELLAND WAY be worth now?

46A WELLAND WAY might now be worth an estimated £229,541.

This is based on house price inflation of 64%, between August 2014 and June 2025, for terraced houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64% inflationary increase is applied to the most recent sale price for 46A WELLAND WAY of £140,000 on 26th August 2014. For the value to have increased from £140,000 to £229,541 over the eleven years and two months to June 2025, the following assumptions must hold true:

• The value of 46A WELLAND WAY has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The August 2014 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 46A WELLAND WAY has not materially changed since August 2014.

How Large is 46A WELLAND WAY?

46A WELLAND WAY is 66m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of terraced houses houses in Oakham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oakham, and where 46A WELLAND WAY lies on this distribution: 2% of terraced houses houses are smaller than 46A WELLAND WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Oakham.

46A WELLAND WAY: Plot and Title Map

46A WELLAND WAY sits on a plot of roughly 57.2 acres, or 231,545m². The below map shows the location of 46A WELLAND WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 46A WELLAND WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 46A WELLAND WAY?

46A WELLAND WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 46A on WELLAND WAY.